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Investors lost over $100M after Invictus Capital moved funds into UST, Celsius against their wishes

Invictus Capital, a crypto investment firm based in South Africa, moved crypto from funds designated for investments with “no anticipated downside risk” into Terra USD and held the tokens through the UST de-peg event citing “pretty amazing interest” as justification for hholding through the crash. Highlights Invictus Capital invested millions of dollars of investor funds into the Terra ecosystem…

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#Blocklight #investments #lending #stablecoins

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